Fastmarkets has corrected its daily assessments for the nickel arbitrage, in the base metals arbitrage SHFE versus LME calculation, which were published incorrectly on Tuesday May 26 due to an input error.

Alvance Aluminium Group, GFG alliance’s global aluminium division, named Guillaume de Goÿs its new chief operating officer Wednesday May 27.

The annual sitting of the National People’s Congress of the People’s Republic of China and the Chinese People’s Political Consultative Conference - widely known as the ‘twin sessions’ - in Beijing released a series of stimulus packages for the development of China’s economy amid the Covid-19 pandemic.

Broad markets and the metals were mixed this morning, Wednesday May 27, while participants brace for what United States President Donald Trump’s response will be to China’s plans to impose national security laws in Hong Kong, which he said will be announced by the end of the week.

Here are five Fastmarkets stories you might have missed on Tuesday May 26 that are worth another look.

Domestic prices for hot-rolled coil in Northern Europe dropped further during the week to Friday May 22, due to low trading activity.

After a consultation period, which ended on May 21, Fastmarkets is reducing the frequency of its lead premium price assessments for the Indian and Southeast Asian markets.

Japanese steel producers which use electric-arc furnaces (EAFs) are being forced into raising their purchasing prices for ferrous scrap feedstock despite there being no upward movement in their steel sales prices, sources in Japan have told Fastmarkets.

Vale Canada has entered into a 60-day exclusivity period with Australian specialist zinc miner New Century Resources to negotiate the sale of a 95% stake in Vale New Caledonia (VNC), Fastmarkets understands.

From future raw material investments to China’s resurgence in lithium-iron-phosphate (LFP) battery chemistries, Fastmarkets analysts and reporters consider six key discussion points dominating the battery and electric vehicle markets.